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Investors thirsty for exposure to beverage stocks have many options available, but which names will outperform? UBS analysts updated their view of the sector on Dec. 12 and initiated coverage of new names. Here's a summary of what companies the research firm are recommending investors buy and...

After chatting with the British alcoholic beverage maker Diageo plc (NYSE: DEO)'s management, Macquarie Research maintained its bullish stance on the stock.
The Analyst
Analyst Caroline Levy maintains an Outperform on Diageo's London-listed stock with an unchanged 31-...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened
On Dec. 4, 1933, President Franklin Roosevelt signed an executive order establishing the Federal Alcohol Control Administration.
Where The Market Was
The S&P 500 traded around $9.97...

Constellation Brands Inc. (NYSE: STZ) invested $4 billion in the cannabis company Canopy Growth Corp (NYSE: CGC) in August for a 38-percent stake in the company — and that move earned the beverage company a sell-side downgrade Thursday.
The Analyst
Macquarie Research analyst Caroline...

Macquarie's Caroline Levy provided clients with an outline of some of the key trends a panel of experts sees ahead for the alcohol market.
The sell-side firm recently hosted a panel of beer and cannabis experts including beer-guru Harry Schuhmacher, founder of Beer Business Daily;...

With Pabst and Molson Coors Brewing Co (NYSE: TAP) facing off in court, BMO Capital Markets considered the implications for the beer industry.
The Analyst
Analyst Amit Sharma reiterated a Outperform rating on Molson Coors with an $85 price target.
The Thesis
The trial has the potential to have a...

Steam Whistle Brewing, one of the largest craft brewers in Canada, is reportedly interested in joining the cannabis industry.
According to BNN Bloomberg, the company is in talks with a number of cannabis producers to invest in them or create a joint venture.
What Happened
In an interview with BNN...

Molson Coors Brewing Co (NYSE: TAP) shares are surging after the beverage maker reported a third-quarter earnings beat Wednesday.
What Happened
Molson Coors CEO Mark Hunter said he sees the Canadian cannabis drink market as a tremendous opportunity as the company looks to pioneer the category...

For Anheuser Busch Inbev NV (NYSE: BUD), two opposites can be true at the same time: Q3 results were "deeply disappointing" and "not too bad," according to RBC.
The Analyst
RBC Capital Markets' James Jones upgraded Anheuser-Busch's Europe-listed stock from Sector Perform...